AIRASIA X BERHAD

KLSE (MYR): AAX (5238)

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Last Price

1.99

Today's Change

+0.05 (2.58%)

Day's Change

1.94 - 2.00

Trading Volume

7,399,600


52 people like this.

45,259 comment(s). Last comment by TradingFUN 4 hours ago

Jasonlcs

73 posts

Posted by Jasonlcs > 2020-04-20 16:05 | Report Abuse

AAX vs Airasia, buy which one better? Any sifu can tell?

Posted by spielmacher > 2020-04-20 16:44 | Report Abuse

if you are rich go for Airasia

G C

22 posts

Posted by G C > 2020-04-20 16:48 | Report Abuse

Tomorrow hit 0.25 plzzzz

maggiemee

2,101 posts

Posted by maggiemee > 2020-04-20 16:49 | Report Abuse

slow and steady. huat

Posted by spielmacher > 2020-04-20 16:57 | Report Abuse

imagine if they are merged and the price balanced out to 50 sen. So, which one is better to buy, AAX or AirAsia?

TrippleZ

1,563 posts

Posted by TrippleZ > 2020-04-20 17:05 | Report Abuse

Not necessarily. Airasia can offer 8 to 1 to merge with aax.

apple168

6,236 posts

Posted by apple168 > 2020-04-20 18:30 | Report Abuse

https://businessfocus.io/article/135738/澳洲維珍-澳洲維珍或日內宣佈破產-機師哭訴三星期由揸a330變拖拉機

Youghin

642 posts

Posted by Youghin > 2020-04-20 20:26 | Report Abuse

if price stays above 0.125 then next barrier would be 0.15 to break

Posted by spielmacher > 2020-04-20 21:08 | Report Abuse

Covid will end soon. Bullish market is here to stay. Plus merge progress..i'm confident it could go up to 20 cent this week.

Stockhunter88

2,031 posts

Posted by Stockhunter88 > 2020-04-20 22:06 | Report Abuse

What makes this share to fly beyond pre covid price?

Wohaha

17 posts

Posted by Wohaha > 2020-04-20 23:55 | Report Abuse

Crazy day.....

RedEagle

3,194 posts

Posted by RedEagle > 2020-04-21 04:35 | Report Abuse

U.S. crude prices turned negative the first time in history on Monday, with virtually zero buyers turning up for prompt delivery oil in a market woefully glutted by the coronavirus pandemic.
West Texas Intermediate crude futures for May delivery fell to a session low of $40.32 per barrel and settled the day at minus $37.63. That meant a notional loss of $55.90 per barrel from its Friday settlement of $18.27.

June WTI, which Investing.com is already quoting as reference for U.S. crude given its outsize volume to May, settled at $20.43 per barrel, down $4.60 or 18.4% from Friday’s settlement.
Brent, the London-traded global benchmark for crude, meanwhile, lost $2.51 on its front month June contract to settle down 9% at $25.57. June Brent was at a contango, or discount, of more than $4 to July Brent. Even more important, its differential to WTI — a big trade in oil — was at an unimaginable $63.

“I am worried about the dislocation of the WTI - Brent spread,” Igor Windisch of the IBW Daily Oil Brief said in a note Monday. “The worrying thing is that there is no support line for Brent.”
Since WTI futures began trading on the New York Mercantile Exchange in April 1983, the lowest the U.S. crude benchmark had gotten to prior to this was $9.75 in April 1986.

“What this tells you is that there’s just a mega glut of oil out there, that’s not going to be clearing anytime soon,” said John Kilduff, founding partner at New York energy hedge fund Again Capital.
“As a matter of fact, we have a big problem on our hands in terms of storage,” Kilduff added. “The storage situation is filling up and refiners aren’t buying, motorists aren’t buying. nobody is buying; so there’s just a tremendous back up of crude oil throughout the system and you have to pay dearly now if you want somebody to take it off your hands.”

Amid the Covid-19 pandemic that’s destroying demand for oil faster than producers can cut, the market has been laser-focused on how much storage is left globally for crude and whether that will run out soon.

Depeche

4,451 posts

Posted by Depeche > 2020-04-21 05:27 | Report Abuse

Airasia is a strong Malaysia brand name...if no merger then may have govt loans...they will survive this storm...but grow stronger post pandemic? Biz could be sluggish as ppl will be cautious when planning for holidays...avoiding countries with high number of covid 19 cases initially....buying will still be strong as investors move in sensing that AAX will resume flying soon.

chimchim

196 posts

Posted by chimchim > 2020-04-21 08:04 | Report Abuse

erm...any good news ka if oil is free for airlines??

James Ng

2,704 posts

Posted by James Ng > 2020-04-21 09:26 | Report Abuse

https://klse.i3investor.com/blogs/general/2020-04-21-story-h1506051169.jsp
[转贴] [AIRASIA X BHD:将开展广泛的促销活动,并将能力重新部署到其他核心市场,以应对疲软的全球经济和病毒爆发的影响] - James的股票投资James Share Investing

Han728

9 posts

Posted by Han728 > 2020-04-21 10:03 | Report Abuse

Not flying today...

lsmpro888

253 posts

Posted by lsmpro888 > 2020-04-21 10:10 | Report Abuse

perhaps ... looking at it like no appetite d .

Han728

9 posts

Posted by Han728 > 2020-04-21 10:31 | Report Abuse

Going down...

Youghin

642 posts

Posted by Youghin > 2020-04-21 10:58 | Report Abuse

Wait and see in 2nd half, don’t panic

PN17

321 posts

Posted by PN17 > 2020-04-21 11:23 | Report Abuse

Shark goreng up AAX, now take profit run away

chinaman

3,298 posts

Posted by chinaman > 2020-04-21 11:38 | Report Abuse

2nd ala IMDB huge bail out....wakaka

chinaman

3,298 posts

Posted by chinaman > 2020-04-21 11:39 | Report Abuse

Huge liability, debts is a recipe of disaster. now, all poor tax payees drag into this 2nd NAJIS bail out

Stockhunter88

2,031 posts

Posted by Stockhunter88 > 2020-04-21 11:41 | Report Abuse

I have no idea how the news of AA resume flight will spike up AAX price. And worse when it is being brought higher than pre mcp price

maggiemee

2,101 posts

Posted by maggiemee > 2020-04-21 11:46 | Report Abuse

run for life!

Posted by sylvester89 > 2020-04-21 11:48 | Report Abuse

Becareful the sharks is looking at ours money ya... especially when the share is about to go warrant at June 2020.. just becareful and keep following the news everyday. This is my advise as I have face some issue before.

bfadzil

5 posts

Posted by bfadzil > 2020-04-21 11:48 | Report Abuse

come on AAX

Depeche

4,451 posts

Posted by Depeche > 2020-04-21 14:22 | Report Abuse

The market finds reasons to buy or sell...AA share price started to rise when they said they'll resume flights later this month...yes? Both AA and AAX prices retreated today when MA commented about hurdles to consider when thinking of a merger.

chinaman

3,298 posts

Posted by chinaman > 2020-04-21 14:27 | Report Abuse

waste tax payee money bail out. should focus resources to 5G, or green energy instead

pete tf

546 posts

Posted by pete tf > 2020-04-21 15:03 | Report Abuse

People prefer budget fare. U know where to get it.

Joe

1,478 posts

Posted by Joe > 2020-04-21 16:19 | Report Abuse

Unable to decide...which direction

pete tf

546 posts

Posted by pete tf > 2020-04-21 16:27 | Report Abuse

The government has to make sure that there is air connectivity at the end of the day.

Posted by wallstreetrookie > 2020-04-21 16:48 | Report Abuse

I rarely sell but this is the time to take profit and run. The company's outlook is not bright at all

Youghin

642 posts

Posted by Youghin > 2020-04-21 16:55 | Report Abuse

Supporting at 0.125, wait unt. better don’t use logic thinking on this counter

mf

29,183 posts

Posted by mf > 2020-04-21 20:51 | Report Abuse

Oil continues unprecedented sell-off: June futures drop 20%, May contract still has a negative price

Posted by spielmacher > 2020-04-21 22:11 | Report Abuse

tony, kamaruddin and azmin are working on semburit threesome to get the merge deal done.

mf

29,183 posts

Posted by mf > 2020-04-21 22:18 | Report Abuse

Oil continues unprecedented sell-off: June futures drop 24%, but May contract turns positive

Depeche

4,451 posts

Posted by Depeche > 2020-04-21 23:02 | Report Abuse

Please merge.

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2020-04-22 08:25 | Report Abuse

Said refund for flight cancelled is credited to "Credit Account" for future purchase but whole page of Credit Account in white without any information. Complaint becomes useless and remains unresolved, the staff may not give good services as pays may have cut or staff number reduced?

i3lurker

14,394 posts

Posted by i3lurker > 2020-04-22 08:26 | Report Abuse

very irresponsible management

Posted by Jeffreyteck > Apr 22, 2020 8:25 AM | Report Abuse
Said refund for flight cancelled is credited to "Credit Account" for future purchase but whole page of Credit Account in white without any information. Complaint becomes useless and remains unresolved, the staff may not give good services as pays may have cut or staff number reduced?

I3twx

26 posts

Posted by I3twx > 2020-04-22 09:23 | Report Abuse

Resume flights is not the reason to spike up AAX price. that is no reason to happy as this is their business nature.

BlackWhite

1,053 posts

Posted by BlackWhite > 2020-04-22 12:38 | Report Abuse

Speculative price no basis, but speculator hold on price , may b no takers didnot make any money so they did not sell

Stockhunter88

2,031 posts

Posted by Stockhunter88 > 2020-04-22 12:39 | Report Abuse

Modt of the Speculators started on Monday, contra accoint t 3, we should be the spike/dive tomorrow

Depeche

4,451 posts

Posted by Depeche > 2020-04-22 12:45 | Report Abuse

Ya...steel stocks rise because mega projects will proceed....nothing to be happy about as supplying steel to construction projects is their biz nature...but AAX has an extra speculative reason...Merger...this is nothing new either as this rumour has been around for a while....just stay invested in AAX and hope for merger confirmation.

Posted by InvestorPrime > 2020-04-22 12:53 | Report Abuse

https://www.afr.com/politics/federal/why-scott-morrison-called-virgin-s-bluff-20200421-p54lny

Why Scott Morrison called Virgin's bluff

The government's line in the sand has sent an unmistakable message to other businesses to back off.

"The Coalition government's refusal to bail out Virgin Australia sends a clear message to other large businesses not to come begging for taxpayer money.

The government is aware that if Virgin were rescued by Canberra, it would be a green light for other under-siege businesses to lobby for multibillion-dollar bailouts.

Struggling universities, major airports, toll roads and media companies will be watching the Virgin scenario closely to gauge their chances of receiving government support.

By holding the line, Scott Morrison, Josh Frydenberg and Mathias Cormann have sent an unmistakable message to other businesses to back off.

The hard line also recognises that some industries will be permanently damaged by the coronavirus economic crisis, so throwing good taxpayer money after struggling businesses will not be a wise investment."

AAX...Asking Apa ?

chinaman

3,298 posts

Posted by chinaman > 2020-04-22 13:35 | Report Abuse

It's a great article. Who, which business not affected by virus? is Govt. to print money to save everyone then? Long haul, budget airliner is not a feasible business. only idiot govt. listen to Tony's cinderella story. Change name from aax to 2mdb better. wakaka

Posted by crossfire76 > 2020-04-22 15:50 | Report Abuse

AAX still can go up?

BlackWhite

1,053 posts

Posted by BlackWhite > 2020-04-22 17:07 | Report Abuse

Merge with equally troubled partner won't make them richer only poorer. Poor man and poor man meet

Legend

4,119 posts

Posted by Legend > 2020-04-23 08:18 | Report Abuse

Standby bullet.

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